The Broken Hill Proprietary Company Ltd. (BHP) of Australia agreed to sell its electric power business to Duke Energy in mid-December. The A$509 million (US$315 million) transaction involves power plants and transmission lines in Western Australia and New Zealand, part of a gas pipeline in Western Australia and a portfolio of other Australian and international development projects.
With the passage of the Telecommunications Act of 1996, many U.S. electric utilities are increasingly investing in the telecommunications industry.
As the Midwest Independent System Operator (MISO) leadership works to patch the transmission entity`s holes, others are eagerly pursuing new models for moving power through the region.
The Consortium for the Intelligent Management of the Electric Power Grid (CIMEG) was awarded a three-year $1.5 million grant from the Electric Power Research Institute and the Department of Defense to develop an intelligent management system for the nation`s electric power grid. The system, which would operate in a manner similar to a computer network, would help ensure reliability in times of severe natural disasters or other crises. No system currently exists to protect the integrity of the na
When the Federal Energy Regulatory Commission (FERC) issued Orders 888 and 889 in 1996, many considered them the kick-off for a viable, competitive market in wholesale electric power, and they were.
Sure!MAPS RASTER is a series of seamless, full color, georeferenced U.S. Geological Survey topographic raster maps delivered on CD-ROM and over the Internet. Nationwide data is available in 1:24,000, 1:100,000 and 1:250,000 scales and can be directly imported into raster capable software packages, including ESRI`s ArcView GIS, ARC/INFO and ArcExplorer. The data provides an ideal basemap for vector and raster overlays.
Pacific Gas & Electric Corp. (PG&E) named Thomas B. King president and COO of PG&E Gas Transmission, the company`s unregulated gas subsidiary. King was president and COO of Kinder Morgan Energy Partners prior to the appointment.
The focus for most of the U.S. power industry is on divestiture, consolidation and-perhaps most impor- tantly-cost containment. Rethinking capital allocation is integral in the wake of restructuring initiatives and their continued push to competition. The variables factored into a company`s business strategies are now weighted differently, or are new ones not previously considered. The balance of future risk and reward tradeoffs depends on variables such as regulated assets vs. non-regulated ass
ISO New England selected Philip J. Pellegrino as its new president and CEO, effective upon Robert E. Charpentier`s retirement Jan. 31. Pellegrino`s most recent position was senior vice president of New York Power Authority`s transmission business unit.